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Author Topic: Bitcoin Price Crosses 600$,Rising 34% in one month | CoinDesk | #bitcoin  (Read 3438 times)
bryant.coleman
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May 31, 2014, 04:58:10 AM
 #21

When there is a rise , there is a fall.
Be careful.

Well... there won't be a fall, unless there is a solid reason. BTC crashed from $1,200 to $900, after China banned it. It further crashed to $350 after the Mt Gox robbery came to light.
Ron~Popeil
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May 31, 2014, 05:09:24 AM
 #22

China will be back to ban it several more times this year. People have stopped listening to them. 

keithers
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May 31, 2014, 05:32:57 AM
 #23

I don't think it was really the Dish Network news that has us back on the rise.  I have been saying for a long time now, that I didn't think the prices matched what they should have currently been at.  Over the entire 2014 so far there has just been so much adoption and so, so much money dumped into new technologies, and business on top of bitcoin, that it was only a matter of time before the prices started to reflect all of that.  It is finally happening now..
tzortz
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May 31, 2014, 06:02:29 AM
 #24

At $625 now, and keeps rolling.

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Sophokles
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May 31, 2014, 08:00:23 AM
 #25

This graph has again proved itself to be true...


1500 before next crash then? Sweet. Smiley

more like 10000, graph is logarithmic  Smiley
gondel
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May 31, 2014, 08:43:56 AM
 #26

good "old" bitcoin times are back  Tongue
This time never gone anywhere Smiley
BTC will shoot 1000 with this temps at the end of june and sooner you will see Cool
Time to buy Smiley
BitCoinDream
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May 31, 2014, 11:57:11 AM
 #27

This graph has again proved itself to be true...


1500 before next crash then? Sweet. Smiley

more like 10000, graph is logarithmic  Smiley

As per the Y-axis in right hand side, it is not 10,000 USD I guess. It is close to 5000 USD probably. But, that part is not yet drawn Wink

DolanDuck
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May 31, 2014, 01:24:32 PM
 #28

As per the Y-axis in right hand side, it is not 10,000 USD I guess. It is close to 5000 USD probably. But, that part is not yet drawn Wink

As someone said before, the Y-axis isn't linear but it's logarithmic, so following that chart the next bubble will peak around 10.000$...

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PRIMEDICE
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bryant.coleman
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June 01, 2014, 06:04:43 AM
 #29

China will be back to ban it several more times this year. People have stopped listening to them. 

lol... China has already banned bitcoin a few dozen times already. Yet they have two bitcoin ATMs there in mainland China, one in Beijing and the other at Shanghai. And not to mention the large number of Bitcoin ATMs and exchanges operating out of Hong Kong.
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June 01, 2014, 07:26:24 AM
 #30

When there is a rise , there is a fall.

Be careful.

there is also a permanent average rise per year
Wolf Rainer
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June 01, 2014, 07:51:52 AM
 #31

This graph has again proved itself to be true...



It´s interesting how the patron seems to repeat over and over again. What do you think will be the next break limit to reach before the next crash?
Alley
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June 01, 2014, 01:14:31 PM
 #32

Question is what will cause the next crash?  Will there need to be bad news?  Can the cycle of the crash be broken?
boraf
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June 01, 2014, 02:02:42 PM
 #33

Question is what will cause the next crash?  Will there need to be bad news?  Can the cycle of the crash be broken?

Let's hope the crash will be after new high.

Zyborg
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June 01, 2014, 08:55:25 PM
 #34

Question is what will cause the next crash?  Will there need to be bad news?  Can the cycle of the crash be broken?
I guess it doesn't need to be a crash, the increase could just plain out and eventually the price could start to fall. However if you look at the past and use it to predict the future you can see a clear repetition.
tzortz
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June 01, 2014, 09:11:56 PM
 #35

I think we are in full throttle?

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Coinbuddy (OP)
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June 02, 2014, 07:47:43 AM
 #36

Yeah, we are in driving seat
negafen
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June 02, 2014, 08:16:27 AM
 #37

We are still 50% off the high.
Zyborg
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June 03, 2014, 04:33:07 PM
 #38

We are still 50% off the high.

It's still rising though so shouldn't be long.
okthen
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June 03, 2014, 04:36:38 PM
 #39


When there is a rise , there is a fall.

Be careful.


Of course there will be a fall.
But there has to be a big rise before that. And then see how we consider 3 digits "2014 history" Smiley
tzortz
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June 03, 2014, 10:08:27 PM
 #40

We are right here...







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